India Vegan Food Market Size To Hit US$ 2,463 Million By 2028

According to IMARC Group’s latest report, titled “India Vegan Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, the India vegan food market size reached US$ 1,324 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,463 Million by 2028, exhibiting a growth rate (CAGR) of 10.9% during 2023-2028.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022

  • Historical Period: 2017-2022

  • Forecast Period: 2023-2028

A vegan diet primarily consists of plant-based products, including grains, nuts, seeds, fruits, beans, pulses, and vegetables. These foods are rich in fiber, antioxidants, potassium, magnesium, folate, protein, minerals, complex carbohydrates, and vitamins A, C, and E. Regular consumption of vegan food offers numerous health benefits, such as managing type 2 diabetes, lowering cholesterol levels, reducing the risk of cancer and heart diseases, and improving overall health. Furthermore, it aids in minimizing the pain of arthritis, promoting weight loss, controlling A1C levels, boosting mood, and improving skin health. As a result, an increasing number of individuals in India are adopting a vegan diet for both physical and mental well-being.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/india-vegan-food-market/requestsample

India Vegan Food Market Trends:

The vegan food market in India is witnessing significant growth due to the increasing awareness about the benefits of plant-based food over animal-based products. This is further supported by the rising prevalence of chronic diseases and the growing health consciousness among individuals. Moreover, the surging number of people with lactose intolerance and the availability of vegan options in restaurants and fast-food chains are contributing to the market growth. Additionally, leading players in the industry are introducing packaged vegan food items, such as dairy-free chocolates, milk, cheese, and breakfast cereals, fortified with vitamin D to increase their consumer base, which is fueling the market growth.



Key Market Segmentation:

The report has segmented the India vegan food market based on product, source, distribution channel and region.

Breakup by Product:

  • Dairy Alternatives
    • Cheese
    • Dessert
    • Snacks
    • Others
  • Meat Substitutes
    • Tofu
    • TVP
    • Seiten
    • Quorn
    • Others
  • Others

 Breakup by Source:

  • Almond
  • Soy
  • Oats
  • Wheat
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape With Key Players:

The competitive landscape of the India vegan food market has been studied in the report with the detailed profiles of the key players operating in the market.

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4670&flag=C

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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City: Brooklyn
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Website: https://www.imarcgroup.com/

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